Avantel reports net profit of Rs 3.38 crore in the March 2013 quarter

Sales rise 634.29% to Rs 25.70 crore

Net profit of Avantel reported to Rs 3.38 crore in the quarter ended March 2013 as against net loss of Rs 1.71 crore during the previous quarter ended March 2012. Sales rose 634.29% to Rs 25.70 crore in the quarter ended March 2013 as against Rs 3.50 crore during the previous quarter ended March 2012.

For the Audited full year,net profit rose 67.61% to Rs 6.52 crore in the year ended March 2013 as against Rs 3.89 crore during the previous year ended March 2012. Sales rose 65.13% to Rs 42.95 crore in the year ended March 2013 as against Rs 26.01 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales25.703.50 634 42.9526.01 65 OPM %18.25-35.71 151 23.8424.07 -1 PBDT4.54-1.39 LP 9.465.84 62 PBT4.23-1.71 LP 8.204.65 76 NP3.38-1.71 LP 6.523.89 68

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